While the EV/EBITDA model offers the benefit of relative simplicity, it lacks the richness of the discounted cash flow models. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
ERISA requires that the vested portion of your benefits at your death must A) be forfeited. B) be applied to the benefits of the surviving employees in the pension plan. C) be used to provide death benefits for your surviving spouse. D) be paid to the Pension Benefit Guaranty Corporation. ANSWER C
Date: September 19th, 2020
Which one of the following investment programs invests the savings fund almost entirely in the sponsoring company’s stock? A) ESOP B) SEP C) IRA D) SRA ANSWER A
Date: September 19th, 2020
Charges on a debit card are immediately deducted from bank account. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
An advantage of the Enterprise Value-to-EBITDA model of valuation over the Price-Earnings Multiple model of valuation is that it does NOT focus on earnings. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
According to provisions set down by Congress in COBRA, your A) application for medical insurance cannot be rejected after age 65. B) company sponsored medical insurance cannot be discontinued before age 65. C) medical insurance premiums cannot be increased after you reach age 65. D) right to convert your group insurance plan at work into […]
Date: September 19th, 2020
In which of the following policies does the face amount of the policy decrease over time? A) Whole life B) Renewable term C) Decreasing term D) Universal life ANSWER C
Date: September 19th, 2020
Series I bonds offer better tax advantages than Series EE bonds. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Which of the following is an example of risk retention? A) Not driving an automobile to avoid having an accident B) Wearing a safety belt when driving C) Purchasing auto insurance D) Having a $200 deductible clause on your auto insurance policy ANSWER D
Date: September 19th, 2020
Married workers participating in a defined-benefit plan A) must receive a joint and last survivor annuity at retirement. B) will receive a joint and last survivor annuity unless they and their spouses elect a single life annuity. C) will receive a single life annuity unless they and their spouses elect a joint and last survivor […]
Date: September 19th, 2020
